Walter Russell Meade reports that America’s oil imports are reaching new lows.
Our increasing energy independence has a lot to do with the new drilling technologies changing the domestic oil production landscape. Because of new extraction techniques like fracking and horizontal drilling, the International Energy Agency now believes that the U.S. will become the world’s largest oil producer by the end of the decade, perhaps even cutting net imports down to zero.
C’mon get busy. The United States wouldn’t want to come close to energy independence would it?
